1405 Broadway, Santa Ana, CA 92707

Santa Ana
Local realty services provided by:ERA North Orange County Real Estate
1405 Broadway,Santa Ana, CA 92707
$1,535,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ali jahanshahi
Office: keller williams realty hollywood hills
MLS#:OC26170439
Source:MLSListings

Price summary

  • Price:$1,535,000

About this home

Unbeatable Cash-Flow Fourplex in Santa Ana’s Historic Wilshire Square! This turnkey asset is built for maximum passive income, generating a strong $9,450 per month ($113,400 annually) with a high cap rate that outperforms comparable local multifamily investments. Operating expenses stay extremely low thanks to separately metered electric, gas, and water utilities. The fully occupied property features a high demand unit mix consisting of a remodeled downstairs 2-bedroom/1-bath unit leasing for $2,800 per month, an upgraded upstairs 2-bedroom/1-bath unit leased at $2,650 per month, and two 1-bedroom/1-bath units (featuring updated kitchens) leased at $2,000 per month each. An on site shared laundry room provides added tenant convenience and extra income potential. Huge potential would be converting the garages into 2 ADU's since the garages are free standing to increase the income and building value!!! Positioned just minutes from Downtown Santa Ana, Main Street dining, Bowers Museum,...

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Home facts

  • Year built:1951
  • Listing ID #:OC26170439
  • Added:53 day(s) ago
  • Updated:September 28, 2026 at 04:40 PM

Heating and cooling

  • Cooling:Window/Wall Unit

Structure and exterior

  • Year built:1951
  • Lot area:0.14 Acres
  • Lot Features:Greenbelt, Mid Block
  • Foundation Description:Combination

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,535,000

Features and amenities

  • Laundry features:Community Facility, Dryer, In Laundry Room, Washer, Washer/Dryer - Owned
  • Amenities:Balcony or Patio, Ceiling Fan(s), Double Pane Window(s)

Parking

  • Parking description:Assigned Spaces, Common Garage, Garage, Private Garage
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